Financials mixed on North Fork miss

SteveGelsi

NEW YORK (MarketWatch) - Financial stocks were mixed Friday as Wall Street weighed recent gains and consolidation against weaker-than-expected earnings from North Fork.

Traders sifted through a slew of earnings reports and analysts notes this week as well as a major merger between the Chicago Mercantile Exchange
CME, -0.02%
and the Chicago Board of Trade
BOT, +18.01%
this week.

Positive earnings from Google
GOOG, +1.22%
and the world's richest-ever initial public offering from Industrial and Commercial Bank of China at $19 billion provided some cause for optimism.

Merrill Lynch
MER, +1.71%
the only U.S.-based bank on the ICBC deal, rose 22cents to $84.12.

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